What central banks can and can't do-RBNZ Don Brash

SPEECH - The Reserve Bank of New Zealand's Governor Don Brash is urging people to be realistic about what monetary policy can achieve. Speaking to the Trans-Tasman Business Circle in Sydney on Mar 30, 2001, Dr Brash said that "In recent years ... the public have come to believe that central banks can achieve very much more than they can, in reality, deliver." The risk, he said, was that, when economies failed to perform to expectations, "Central banks will receive far more than their fair share

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.